Bitwise Chief Investment Officer: Get ready for a crypto ETF extravaganza

Written by Matt Hougan, Chief Investment Officer, Bitwise

Compiled by Luffy, Foresight News

In my usual CIO memo, I try to give my opinion on market dynamics. For example, last week I wrote about why it's "Solana season" and predicted that Ethereum's main competitor would be strong at the end of the year. Since then, SOL has risen by 7.72%, which is pretty good.

But observing the crypto market these days is like watching a pre-game show for the Super Bowl. The market is poised for a significant year-end rally due to interest rate cuts, a surge in ETP (ETP) inflows, heightened concerns about the US dollar, and strong momentum in tokenization and stablecoins. However, as investors, we are mostly on the sidelines, why?

First, historically, August and September have been the two worst months of the year for cryptocurrencies. But the more important reason is that major developments — such as the recent approval of Bitcoin ETPs by...

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